Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Total Investment Management Inc.’s 4th Largest Position

Total Investment Management Inc. lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 407,813 shares of the company’s stock after selling 5,383 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 8.7% of Total Investment Management Inc.’s holdings, making the stock its 4th largest position. Total Investment Management Inc. owned about 0.12% of Invesco S&P 500 Equal Weight ETF worth $69,071,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Partnership Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $25,000. Howe & Rusling Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $26,000. GAMMA Investing LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $38,000. SOA Wealth Advisors LLC. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after buying an additional 103 shares in the last quarter. Finally, Missouri Trust & Investment Co boosted its position in Invesco S&P 500 Equal Weight ETF by 98.5% during the fourth quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock worth $63,000 after acquiring an additional 197 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded up $0.12 during trading on Friday, reaching $164.28. The company had a trading volume of 4,760,987 shares, compared to its average volume of 6,062,520. The stock’s 50 day moving average price is $164.71 and its two-hundred day moving average price is $161.97. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The firm has a market capitalization of $55.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).